21 Total Quotes

John Reade Quotes

In an environment where mine supply is broadly static, central bank sales effectively constrained and scrap supply declining, strong physical demand is genuinely important.
John Reade
#Environment

But the other factor is that we have indications that Chinese demand for platinum is recovering despite prices being stable between $845 and $880.
John Reade
#Chinese

Silver has moved to the fore following the ETF news of the past week and the metal looks set to trade above $10/oz in the near term.
John Reade
#News

It seems extremely unlikely that gold doesn't trade $600 an ounce in the spot market at some time either today or this week.
John Reade
#Gold

Gold has started 2006 in a positive manner and we suspect that this strength will continue in the near term.
John Reade
#Gold

Of course, gold can go higher on investment and speculative demand, but there seems no clear motivation for new money to be committed to gold at this time.
John Reade
#Gold

We believe that investors are likely to interpret this ... as being positive for the gold market as it will raise speculation that China will increase its gold holdings.
John Reade
#Gold

We need to find the level at which underlying physical demand will support gold. Until then, I wouldn't be comfortable with gold up here, because it's all investment and speculative money at the moment.
John Reade
#Gold

Gold and the other precious metals appear to have found support after the recent sell-off, however, we believe it is too soon to turn bullish on gold specifically.
John Reade
#Gold

The level at which physical demand emerges to support the metal will then form a base for gold to make fresh gains.
John Reade
#Gold

Gold looks set to be supported and set to move higher as we approach the anniversary of the 9/11 attack on the U.S. and the expectations of an attack on Iraq intensify.
John Reade
#Gold

The release of the COTR report tonight is likely to be the final piece of information we need to decide to sell gold,
John Reade
#Information

Both platinum and rhodium remain at or near the highs for this rally and are benefiting from broader metals interest and, in the case of rhodium, apparent genuine shortages.
John Reade
#Interest

Gold is in search of a fresh catalyst to return it to recent highs.
John Reade
#Gold

The outlook for most of the major gold mining companies is for static to lower production for 2006. With the new project pipeline in gold relatively empty and few major discoveries of gold made in the past decade, we do not expect this picture to change.
John Reade
#Gold

I still want to see this correction find some decent physical demand ... Once we can prove that physical demand is actually going to support gold, that will encourage people to take gold higher again.
John Reade
#Correction

We had a very good run. You have a pullback and correction at some stage and we are in a process to do that at the moment.
John Reade
#Correction

We had a period of needed consolidation in gold ... with rallying base metals, strong silver prices and improving momentum, we can probably go higher.
John Reade
#Gold

Although we view this as a done deal, the lack of finality in the approval may be holding some investors back. We continue to believe that silver will trade higher from here.
John Reade
#Approval

Base and precious metals are considerably above what we consider to be fair value - based on fundamental supply and demand factors - but events of the past two years have demonstrated that investment and speculative flows are very capable of lifting prices well beyond fundamental fair value.
John Reade
#Value

Further strength in the metals appears likely.
John Reade
#Strength